Losses
-€4,693 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
MN CONSTRUCT
Overview
Lifetime
3 annual accounts with figures on one time axispeak €6,301 (2023)
-€157▼ €2,153
lowest -€4,624 (2025)
-€4,624▼ €4,556
peak €6,266 (2023)
€1,572▼ 74.6%
€23,947▲ 14.1%
Board1 name since 2022
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €1,996 to -€157Loss of €4,624Equity from €6,197 to €1,572Cash from €4,101 to €1,400
Key points
from the 2025 annual accountsDebts
€23,947 94% of the balance sheet
Suppliers 45%Taxes and wages 6%Other 48%
Of this, €23,197 falls due within a year.
Position in the sector
€1,572
Less equity than 90% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
2025 accounts filed 30 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 758 companies had the same profile as MN CONSTRUCT has now. Each dot stands for 2 companies, two years later.
86.5%
were still trading
5.0%
stopped another way
7.9%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 758 companies, not a prediction for MN CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0792734181
Incorporation
Founding capital of €3,000, 60 shares · Founder: · Appointment: (director) · published on 25-10-2022 · Gazette deed
First establishment
Rue de Bascoup 3, Manage
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MN CONSTRUCT Manage | €25,519 | -€157 | 6.2% | - |
| FL ENTREPRISE GENERALE Hasselt | €22,537 | -€4,656 | -16.2% | - |
| AS NIVEAU Zaventem | €26,983 | -€3,926 | 40.4% | - |
| Trilok Algemene Bouwwerken Riemst | €32,079 | €573 | 63.0% | - |
| DVG Marketing Heusden-Zolder | €31,453 | -€1,476 | 48.6% | - |
| JL Super Carl Wezembeek-Oppem | €19,101 | -€5,566 | 19.3% | - |
| ATL Vloerwerken Beringen | €32,783 | -€26,605 | 18.6% | - |
These companies have the same main activity as MN CONSTRUCT: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €19,100 and €32,800, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 21-10-2022Normal situation
- Activity
- Floor and wall tilingNACE 43331and 1 other
- Establishment unit
- 2.340.814.2927170 Manage, since 21-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- -€157
- €4,624▲ 67×
- €1,572▼ 74.6%
- €25,519▼ 6.2%
- Filing
- Filed on 30-08-2026
Insights on MN CONSTRUCT
MN CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €6,301 in 2023 to -€157 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-08-2026, 30 days late-€157
▼ €2,153
-€4,375
▼ €4,704
-€4,624
▼ €4,556
€1,184
▼ 78.0%
6.2%
▼ 16.6 percentage points
1.05
▼ 0.21
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €25,519 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
6.2%
Higher than 12% of 37,177 companies in 2025.
1.05
Higher than 23% of 36,472 companies in 2025.
-18.1%
Higher than 9% of 36,707 companies in 2025.
MN CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
25,519 | 27,192 | 35,511 | |
21/28 |
1,138 | 1,567 | 2,997 | |
22/27 |
1,138 | 1,567 | 2,997 | |
23 |
382 | 1,252 | 2,302 | |
24 |
756 | 315 | 695 | |
29/58 |
24,381 | 25,625 | 32,513 | |
3 |
- | 6,000 | - | |
37 |
- | 6,000 | - | |
40/41 |
22,557 | 14,973 | 22,274 | |
40 |
10,169 | 8,384 | 16,048 | |
41 |
12,388 | 6,589 | 6,227 | |
54/58 |
1,400 | 4,101 | 10,239 | |
490/1 |
424 | 552 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
25,519 | 27,192 | 35,511 | |
10/15 |
1,572 | 6,197 | 6,266 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
-1,428 | 3,197 | 3,266 | |
17/49 |
23,947 | 20,995 | 29,245 | |
42/48 |
23,197 | 20,245 | 28,495 | |
44 |
10,846 | 1,394 | 3,588 | |
440/4 |
10,846 | 1,394 | 3,588 | |
45 |
1,500 | 4,426 | 6,041 | |
450/3 |
1,500 | 4,426 | 6,041 | |
47/48 |
10,851 | 14,425 | 18,866 | |
492/3 |
750 | 750 | 750 | |
| Income statement | ||||
9900 |
-157 | 1,996 | 6,301 | |
630 |
1,969 | 1,431 | 1,065 | |
640/8 |
2,248 | 236 | 547 | |
9901 |
-4,375 | 329 | 4,688 | |
75/76B |
0 | 0 | - | |
75 |
0 | 0 | - | |
65/66B |
266 | 209 | 186 | |
65 |
266 | 209 | 186 | |
9903 |
-4,640 | 121 | 4,502 | |
67/77 |
-16 | 190 | 1,236 | |
9904 |
-4,624 | -69 | 3,266 | |
9905 |
-4,624 | -69 | 3,266 | |
| Appropriation of the result | ||||
9906 |
-1,428 | 3,197 | 3,266 | |
14P |
3,197 | 3,266 | - | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00453299.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -2,405 | 1,760 | 5,754 | ||
| -2,655 | 1,362 | 4,331 | ||
| 1,541 | 0 | 4,063 | ||
| -2,701 | -6,138 | - | ||
| 1,184 | 5,380 | 4,018 | ||
| 6.2% | 22.8% | 17.6% | ||
| 1.05 | 1.27 | 1.14 | ||
| 1.05 | 0.97 | 1.14 | ||
| 15.23 | 3.39 | 4.67 | ||
| -294.1% | -1.1% | 52.1% | ||
| -18.1% | -0.3% | 9.2% | ||
| -9.06 | 8.43 | 30.92 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,541 | - | €4,063 |
| €1,969 | €1,431 | €1,065 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MN CONSTRUCT
The operating result for 2025 is a loss of €4,375, after a profit of €329 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 77.2% to 93.8%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 25-10-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 30-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 25-10-2022
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 25-10-2022, still in office
Control
Founder
This company
MN CONSTRUCT
Equity €1,572
Loss €4,624 in 2025
Capital
- Contribution
- €3,000
- Shares
- 60
- Contribution per share
- €50
- Equity per share
- €26.21 in 2025
- Source
- deed of 25-10-2022
Articles of association
deed of 25-10-2022 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Les plus étendus, articles 2:87 et suivants CSA, confirmation par Tribunal de l'Entreprise compétent”
Shareholders
At incorporation
deed of 25-10-2022 ↗
- 60 shares (100%) · €3,000 in cash
Network & group
No group
MN CONSTRUCT has no parent and no holdings in its annual accounts. is the only director. MN CONSTRUCT shares no director with another company.
At the same address
Rue de Bascoup 3, 7170 Manage · 1 other company| Etablissements Valentin - Palais de l'Occasion
establishment since 03-04-1989 |
founded in 1989 0436.969.459 |
Timeline
Timeline
7 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 30 days late
2025
Weakest financial year net -€4,624 The net result drops to -€4,624, the lowest from 2023 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0792734181
Annual accounts 2024 filed PDFmicro format · 75 days late
Annual accounts 2023 filed PDFmicro format · 191 days late
2022
IncorporationFounding capital of €3,000, 60 shares · Founder: · Appointment: (director) · published on 25-10-20223 points ▸
- Founder,
- Founding capital, €3,000, 60 shares
- Director appointment, (director (not named in the articles))
- The deed holds 10 more points.
First establishment Rue de Bascoup 3, Manage
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0792.734.181
- VAT number
- BE 0792.734.181
- Peppol ID
- 0208:0792734181
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-10-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of Junedeed of 25-10-2022 (in French)
- Peppol
- Reachable since 31-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MN CONSTRUCT in French
- Name in the Peppol Directory
- MNCONSTRUCT
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-10-2022 (in French)
Activities
NACEBEL 202543331
Floor and wall tiling main activity
43422
Screed work
Codes under NACEBEL 2008
43331
Floor and wall tiling main activity
43996
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'entreprise de plafonnage,peinture,ravalement de façade,la maçonnerie,la construction,la rénovation,la démolition,la pose de couvertures…”deed of 25-10-2022 (in French)
10 activities
- L'entreprise de plafonnage,peinture,ravalement de façade,la maçonnerie,la construction,la rénovation,la démolition,la pose de couvertures non métalliques,le placement,la réfection,l'entretien des chapes,carrelages et tous revêtement de sols et de murs,pose de châssis,volets,vérandas en aluminium et en PVC,commerce de détail de châssis et portes (bois,PVC,alu..)
- Entreprise de travaux de vitrerie,de pose de glaces,miroiteries,vitraux et la mise en œuvre de tous matériaux translucide ou transparents,entreprise de construction,de réfection et d'entretien des routes,entreprise de travaux d'égout,entreprise de travaux de pose de câbles et de canalisations diverses,entreprise d'installation de signalisation routière et de marquage des routes,entreprise d'aménagement de plaines de jeux,de sport,de parcs et de jardins,entreprise de terrassement,entreprise d'installation d'échafaudages,de rejointoyage et de nettoyage de façades,entreprise de nettoyage et de désinfection de maisons et de locaux,meubles,ameublement et objets divers,entreprise de ramonage de cheminées,entreprise de placement de clôtures,entreprise de peintures industrielles,entreprise d'isolation thermique et acoustique. (à l'exclusion des travaux effectués par asphaltage et bitumage)
- Entreprise de travaux d'assèchement de constructions (autre que par le bitume et l'asphaltage),entreprise de placement de ferronnerie,de volets et de menuiserie métallique,entreprise de travaux de drainage,entreprise de pose de plaques de gyproc (article 6 de l'Arrêté Royal du 31 août 1964),entreprise de démoussage de toitures,entreprise d'installation de cuisines équipées (à l'exclusion des activités réglementées),entreprise de recouvrement de corniches en PVC,ébéniste,atelier de restauration de meubles,entreprise de charpenterie et de menuiserie du bâtiment uniquement la fabrication et la pose de parquet,fabrication et garnissage de meubles non métalliques,entreprise de fabrication et de placement de volets en bois,entreprise de placement d'adoucisseurs d'eau,entreprise d'installation de panneaux solaires,entreprise de fabrication et d'installation de pompes à chaleur (chauffage solaire)
- Entreprise de placement,d'entretien et de réparation de tous brûleurs,uniquement les réparations effectuées à l'occasion de l'entretien des brûleurs ainsi que les remplacement des pièces défectueuses à l'exclusion du brûleur en son entier (Arrêté royal du 8 juin 1979 article 2 paragraphe 2 chauffage central),construction métallique,entreprise d'installation de ventilation et d'aération,de chauffage à air chaud,de conditionnement d'air et de tuyauteries industrielles,atelier spécial de l'industrie des fabrications métalliques,atelier de réparation de matériel électrique et radio électrique,d'appareils automatiques de distribution et de jeux mécaniques (uniquement pour le courant faible),fabrication d'appareils d'alarme et de sécurité,d'appareils utilisés dans un système d'alarme ou de sécurité (y compris le placement et uniquement sur le véhicule)
- Réaliser toutes opérations de consultance,expertise,intermédiation,courtage,commercialisation,distribution,représentation,consignation,importation,exportation,prospection,exploitation,création,fabrication,conception,transformation,sous-traitance,vente et achat de tous biens,produits et services de toute nature dans les domaines prévantés et autres
- Mettre les compétences de tous ses spécialistes à la disposition de ses clients,à l'effet d'accomplir toutes missions,sans limites ni dans le temps,ni dans l'espace,ni dans la nature des prestations
- Toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet
- Se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non
- Pleine capacité juridique pour accomplir tous les actes et opérations de nature commerciale,industrielle,financière,mobilière ou immobilière ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement la réalisation de cet objet
- S'intéresser par toutes voies dans toutes sociétés,associations ou entreprises ayant un objet identique,analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue de Bascoup 3 registered office 7170 Manage | 21-10-2022 | 2.340.814.292 |
Buildings and parcels at the address
- Ground area
- 233 m²
- Buildings
- 73 m²
- Volume, LiDAR
- 355 m³
- Tallest building
- 5.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52019B0434/00W020 | 233 m² | 1 · 73 m² | 5.8 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0792.734.181